How StockCharts TV’s view on $META changed

So, I start with, you know, number one. Therefore , from 110 to 150 are five charts that I consider at this stage to be in an initial upward trend, and a strong accumulation phase.

The reason I do this is that I can run a performance table and say, "Show me last month," and I can see that Meta is up 25%, and Micron is up 13%.

So, I had a lot of interesting options , but I would choose Meta. Meta is the highest- rated stock in this sector according to Scooter's ratings.

Of course, last week in our " Market Replay" program we focused on a chart like this, where we addressed a key resistance level. If we look at what happened earlier this month, right?

We rose to the 200-day moving average, and then the price gapped above it . This is a classic pattern I call the " gap and rise" pattern, where the price rises above the resistance level, and then the price rises. This is a very positive sign , isn't it?